Judge permanently blocks Oklahoma law favoring oil and gas investments

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Judge permanently blocks Oklahoma law favoring oil and gas investments
Oil And GasLawInvestment
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In 2022, a law was passed preventing the state from investing in companies that boycott the oil and gas industry.

The Attorney General 's Officer took a loss in an Oklahoma County court on Friday, in a battle between investing in oil and gas vs. environmentally friendly companies.

There's a list of blacklisted banks created by the state Treasurer. Some of those banks include Wells Fargo, J.P. Morgan Chase and Blackrock. Speaking with FOX25 on Friday, Walke said the law preventing investment in companies who don't support oil and gas doesn't benefit all Oklahomans. His argument is that if an environmentally friendly company is making the state money, that's a benefit to the state.

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